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Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 132 · 40 sums
TalentJR

The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.

NameDateTime takenScore ___ / 40
  1. 1.What is the amount (principal + simple interest) on ₹1500 at 5% per year for 3 years (in ₹)?
  2. 2.What is 35% of 180?
  3. 3.A table costs ₹2600. It is sold at a 20% profit. What is the selling price (in ₹)?
  4. 4.The price of a cricket ball changed from ₹500 to ₹375. What is the percentage decrease?
  5. 5.A shopkeeper buys a table for ₹300 and sells it for ₹290. What is the loss (in ₹)?
  6. 6.A cricket kit costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
  7. 7.A mobile phone bought for ₹3900 is sold for ₹3705. What is the loss per cent?
  8. 8.What is the amount (principal + simple interest) on ₹700 at 2% per year for 5 years (in ₹)?
  9. 9.What is 5% of 320?
  10. 10.What is 55% of 580?
  11. 11.What is the amount (principal + simple interest) on ₹7600 at 5% per year for 4 years (in ₹)?
  12. 12.A mobile phone bought for ₹1400 is sold for ₹1470. What is the profit per cent?
  13. 13.What is 30% of 440?
  14. 14.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3250. What is the profit (in ₹)?
  15. 15.What is the simple interest on ₹2200 at 5% per year for 3 years (in ₹)?
  16. 16.What is the simple interest on ₹6100 at 8% per year for 1 year (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹5400 at 8% per year for 1 year (in ₹)?
  18. 18.The price of a school bag changed from ₹50 to ₹75. What is the percentage increase?
  19. 19.A shopkeeper buys a cricket kit for ₹250 and sells it for ₹180. What is the loss (in ₹)?
  20. 20.What is 10% of 180?
  21. 21.The price of a bus pass changed from ₹100 to ₹150. What is the percentage increase?
  22. 22.A cricket kit bought for ₹1700 is sold for ₹2040. What is the profit per cent?
  23. 23.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 2 years (in ₹)?
  24. 24.A shopkeeper buys a sewing machine for ₹2400 and sells it for ₹2100. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 3 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹7000 at 11% per year for 4 years (in ₹)?
  27. 27.What is the simple interest on ₹900 at 11% per year for 1 year (in ₹)?
  28. 28.What is 55% of 480?
  29. 29.A shopkeeper buys a watch for ₹900 and sells it for ₹700. What is the loss (in ₹)?
  30. 30.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1110. What is the loss (in ₹)?
  31. 31.A table costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  32. 32.A cycle costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
  33. 33.A mobile phone costs ₹300. It is sold at a 10% loss. What is the selling price (in ₹)?
  34. 34.A watch costs ₹500. It is sold at a 50% loss. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2400 at 8% per year for 1 year (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 1 year (in ₹)?
  37. 37.A shopkeeper buys a watch for ₹2750 and sells it for ₹2800. What is the profit (in ₹)?
  38. 38.What is 15% of 40?
  39. 39.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1560. What is the profit (in ₹)?
  40. 40.What is the simple interest on ₹2800 at 3% per year for 5 years (in ₹)?

Answer key

  1. 1725
  2. 63
  3. 3120
  4. 25
  5. 10
  6. 1200
  7. 5
  8. 770
  9. 16
  10. 319
  11. 9120
  12. 5
  13. 132
  14. 250
  15. 330
  16. 488
  17. 5832
  18. 50
  19. 70
  20. 18
  21. 50
  22. 20
  23. 1232
  24. 300
  25. 4680
  26. 10080
  27. 99
  28. 264
  29. 200
  30. 140
  31. 2520
  32. 2750
  33. 270
  34. 250
  35. 2592
  36. 6678
  37. 50
  38. 6
  39. 60
  40. 420

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